Decisions in the Evolution of Contemporary Public Governance

Abstract

The article analyses the relationship between decision making and structural changes of New Public Governance. The authors emphasize that in the process of evolution of public governance, the effectiveness of preparation and implementation of decisions is a very complex, multi-dimensional issue. Its success is based on the entirety of elements and factors of both internal and external environments. Specific attention is given to application of meta-analysis, theoretical simulation, analog and other methods in analysis of decision-making external environment. It is proved that qualitative parameters of contemporary decisions in public sector are directly dependent on the pace of Public Governance evolution in establishment of new, more effective, innovative and democratic principles and methods of public sector governance.http://dx.doi.org/10.5755/j01.ppaa.10.1.225

Changes Of The Concept Of State Finance And Subjects In Sustainability Context

“…Then it is logical to believe that state finance could be considered the entirety of financial resources of all the subjects. Some economists define three categories of finance in a system of state finance: state, municipal, and corporate (state and private enterprises) (Buškevičiūtė, 2008). In our opinion this is not enough; talking about the system of finance, it is necessary to involve household (private) finance.…”

“…According to some economists, scientific literature and legal acts do not distinguish state and public finance, although, obviously, the latter covers monetary relationship between all members of society (Buškevičiūtė, 2008). In result of such approach, the area of state interest is narrowed to financing Public Functions of a state, in other words, formulation and implementation of fiscal policy.…”